Find the estimated cast for a production level
Problem:
Total cost was $76,700 when $26,000 units were produced and $95,000 when 37,000 units were produced.
Required:
Question: Use the high-low method to find the estimated cast for a production level of 32,000 units.
Note: Show all workings.
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Question: Use the high-low method to find the estimated cast for a production level of 32,000 units. Note: Show all workings.
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